Carl Eschenbach, a longtime enterprise software executive who joined Sequoia Capital in 2016 and went on to lead a number of lucrative deals for the venture firm, is going back to an operating role.
As the new co-CEO of Workday, Eschenbach will co-lead the enterprise cloud applications giant with its co-CEO, cofounder and company chair Aneel Bhusri, until 2024, at which point Eschenbach will take over as sole CEO.
Chano Fernandez, a former SAP executive who joined Workday in 2014 and has served as its co-CEO since 2020, has “stepped down” as co-CEO and relinquished his seat on the company’s board, “effective immediately,” says Workday.
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